Technology has taken a sweep with development and innovation. The technology sector contains businesses revolving around the manufacturing of electronics, creation of software, computers or products and services relating to information technology. As this has impacted our lives to the extent that we eat, sleep, and even breathe results from technology, it has been a focus for investors for this generation. With this, demands for technology-inclined people are at its height. New York has found a solution to address the growing demand of tech people.
Silicon Alley encompasses the New York City metropolitan region’s high tech industries including, the Internet, new media, telecommunications, digital media, software development, game design, financial technology (fintech), and other fields within information technology that are supported by the area’s entrepreneurship ecosystem and venture capital investments. Simply put, it is a community which supports starting businesses in the New York metropolitan area.
With the demands in the tech industry, New York and Silicon Alley found a way to meet that demand: generate a Tech training fund. According to Governor Andrew Cuomo, the project is subjected to a $5 million investment. The goal is to “equip New Yorkers for 21st century tech jobs across the state.” Request for proposals (RFP) will begin next week and next month, allowing a new Tech Workforce Task Force to convene for the first time in order to modernize grade school and college curricula in order to educate our progeny and meet the needs of the tech sector. They are believed to focus on K-12 Education, Higher Education, Workforce, and Economic Development, and will meet quarterly to define and promulgate a curriculum that prepares New Yorkers for the jobs they want.
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In an interview, Governor Andrew Cuomo expressed that, “The New York Tech Training Fund and Tech Workforce Task Force will engage industry and academic leaders to help prepare New Yorkers for jobs in the ever-growing tech field and guarantee that New York remains at the forefront of the innovation economy. The strength of our economy depends on the strength of our workers, and by ensuring that our workforce is equipped with the skills and opportunities to succeed, we are building a stronger, more prosperous state for generations to come.” The organizers are positive with this project as many investors are looking at New York to be among the booming sectors as innovation to its economy is bigger and better than ever before.
Truly, early recognition is the key. They want to focus first on their residents because they believe that they can live up to the demands of investors. This is a bold step for New York as it doesn’t undermine the needs of the future generation. It is true that the foundations will determine the outcome of society; if you plant good seeds, you will definitely reap good produce. A step by step guidance to those belonging to the program is critical. At this stage, many kids will be unsure of what they would want to become. That is something they must be keen in addressing about.